GM in talks to buy Chinese EV batteries built in the US, Bloomberg News reports-March 2024-www.financetom.com

GM in talks to buy Chinese EV batteries built in the US, Bloomberg News reports

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

GM in talks to buy Chinese EV batteries built in the US, Bloomberg News reports

Sep 12, 2024 9:30 AM

Sept 12 (Reuters) - General Motors ( GM ) is in talks to

buy electric vehicle batteries relying on technology from

China's CATL, assembled at a new plant to be built

in the US, Bloomberg News reported on Thursday, citing people

familiar with the matter.

The factory would be funded and operated by Japanese

consumer electronic firm TDK Corp ( TTDKF ), the report added.

Previous page： --BOK Financial Keeps Quarterly Dividend at $0.57 a Share, Payable Feb. 26 to Shareholders of Record Feb. 12 Next page： Boeing's Operations Improving Following Strike Resolution, BofA Says

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

--BOK Financial Keeps Quarterly Dividend at $0.57 a Share, Payable Feb. 26 to Shareholders of Record Feb. 12

Jan 29, 2025

11:15 AM EST, 01/29/2025 (MT Newswires) -- Price: 110.38, Change: -0.09, Percent Change: -0.09 ...

Boeing's Operations Improving Following Strike Resolution, BofA Says

Jan 29, 2025

11:15 AM EST, 01/29/2025 (MT Newswires) -- Boeing's ( BA ) operations have been showing early signs of improvement since a strike by the International Association of Machinists and Aerospace Workers ended in November last year, but the work stoppage weighed on Q4 results, BofA Securities said in a note Wednesday. The company's wider-than-expected Q4 loss reflected the impact of...

Update: MAG Silver's Silver and Gold Production at Juanicipio Mine in Mexico Down in Q4

Jan 29, 2025

11:16 AM EST, 01/29/2025 (MT Newswires) -- (Adds analyst comment and updates shares.) MAG Silver ( MAG ) on Wednesday said silver and gold production from the Juanicipio mine in Mexico fell in the fourth quarter. Silver production dropped 5.5% to 4.3-million ounces while gold production slumped 14.6% to 9,041 ounces. Lead production increased 7.5% to 9.9-million pounds and zinc...

Scotts Miracle-Gro Q1 Earnings Beat Estimates Amid Stronger Consumer Engagement And Fall Sales

Jan 29, 2025

Gardening giant Scotts Miracle-Gro Company ( SMG ) shares are trading lower on Wednesday. The company reported a first-quarter adjusted loss per share of 89 cents, which is narrower than the street view of a $1.23 loss. Quarterly revenues of $416.80 million outpaced the analyst consensus estimate of $392.34 million. U.S. Consumer net sales increased 11% to $340.9 million, driven...